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Genova Property Group AB ( (SE:GPG) ) has issued an update.
Genova Property Group has issued SEK 200 million in additional green senior unsecured bonds maturing in September 2029 under its SEK 750 million green bond framework, bringing the total outstanding to SEK 620 million, and intends to list the new bonds on Nasdaq Stockholm’s sustainable bond list. The company will use the proceeds in line with its green finance framework and has simultaneously repurchased SEK 195 million of outstanding convertible bonds, with plans to redeem the small remaining amount, a move that management says is largely debt- and interest-neutral but removes a potential future equity dilution of about 8% and is aimed at enhancing shareholder value.
The most recent analyst rating on (SE:GPG) stock is a Hold with a SEK42.00 price target. To see the full list of analyst forecasts on Genova Property Group AB stock, see the SE:GPG Stock Forecast page.
More about Genova Property Group AB
Genova Property Group AB is a Swedish real estate company with broad exposure across the property market, focusing on active property management, urban development, project development and property transactions in Sweden. As of 30 September 2025, it owned properties valued at about SEK 9.8 billion and held a substantial portfolio of building rights, with its shares listed on Nasdaq Stockholm since 2020.
Average Trading Volume: 5,662
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.78B
For an in-depth examination of GPG stock, go to TipRanks’ Overview page.